LPL Financial

LPL Financial (NASDAQ:LPLA) provides wide range of financial services including:   brokerage and investment advisory services to independent financial advisors; financial advisory services to regional banks and credit unions; and advisory services to affiliated insurance companies using an integral platform of proprietary technology.

Caliber was engaged to provide a solvency opinion in connection with a proposed special dividend. Our analysis included the traditional three point solvency tests under various optimistic and pessimistic scenarios. The capital adequacy test also was applied.